$3,500,000
$250K PRICE DROP

3005 Vancouver Ave San Diego, CA 92104

North Park Neighborhood

Estimated payment $22,830/month

Total Views 6,391
9 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Cul-De-Sac
  • Heating Available
  • McKinley Elementary School Rated A
  • Gated Home
  • 4-minute walk to Montclair Park

About This Home

Residential Financing Available!!! Rare Investment Opportunity in Prime North Park! Exceptional opportunity to own 4 fully remodeled single-family homes plus one permitted ADU, situated on two separate parcels totaling 8,467 SF. All units have been completely remodeled and stylishly updated with high-quality finishes, offering turnkey condition and immediate rental income. The property is currently grossing approximately $18,000/month, providing strong cash flow with minimal management required. Perfect for investors, owner-users, or those looking for short-term rental potential. Nowhere else in North Park can you find even a single-family home for under $1M—let alone four plus a permitted ADU. This offering presents unbeatable value in one of San Diego’s most desirable neighborhoods. Ideal for multigenerational living, house hacking, or portfolio expansion. Don’t miss this rare opportunity to own a high-performing asset in the heart of North Park.

Listing Agent

Krista Losito

KB Investments License #01763777 Listed on: 04/16/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Cul-De-Sac
  • Gated Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Stucco Exterior

Eco-Friendly Details

  • Sprinklers on Timer

Utilities

  • Heating Available
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 453-803-13-00 and 14

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Net Operating Income $147,466

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Vancouver and Quince St.
  • Neighborhood: Montclair
  • Year Built: 1960
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood/Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Combination Heating

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Irrigation: Automatic, Drip
  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access, Corner Lot, Cul-De-Sac, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Assessor Parcel Number: 453-803-13-00 and 14

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water, Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 147466
  • Annual Expense Actual: 63979
  • Gross Rent Multiplier Actual: 17.4
  • Gross Sched Income Actual: 215760
  • Number Of Buildings: 4
  • Number Of Units With Cooling: 5
  • Number Of Units With Dishwashers: 5
  • Number Of Units With Dryers: 5
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 5
  • Number Of Units With Refrigerator: 5
  • Number Of Units With Washers: 5

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $3,500,000 -6.7% --
04/16/2025 04/16/25 For Sale $3,750,000 -- --
Source: San Diego MLS

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See All Homes in San Diego

Source: San Diego MLS

MLS Number: 250024604

San Diego MLS

California San Diego County San Diego 92104 North Park

3005 Vancouver Ave, San Diego, CA

This home is located at 3005 Vancouver Ave, San Diego, CA 92104 and is currently priced at $3,500,000. This property was built in 1960. 3005 Vancouver Ave is a home located in San Diego County with nearby schools including McKinley Elementary School, Roosevelt International Middle School, and St. Patrick's School.

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Nearby Homes
Krista Losito
Listing Agent
Krista Losito
Section Image
KB Investments
(858) 243-6570